Economics
Why Obama Is Wrong and Warren Is Right on Trade Bill Quarrel
U.S. Sen. Elizabeth Warren (D-MA) speaks during a hearing before Senate Health, Education, Labor and Pensions Committee February 10, 2015 on Capitol Hill in Washington, DC.
Photographer: Alex Wong/Getty ImagesThis article is for subscribers only.
In her quarrel with President Barack Obama over trade legislation, Elizabeth Warren has got the law on her side.
The Massachusetts senator has warned fellow Democrats that a fast-track trade bill now in Congress could undo U.S. laws such as the Dodd-Frank banking regulations later. A number of constitutional scholars and other legal experts say she’s right.